International Business Machines Corporation (IBM)

Growth

Revenue 5Y-5.21%
Revenue 3Y-9.82%
EPS 5Y-12.40%
EPS 3Y-12.51%
Dividend 5Y3.55%
Dividend 3Y1.78%

Capital Efficiency

ROIC6.26%
ROE6.51%
ROA1.00%
ROTA1.10%

Capital Structure

Market Cap126.17B
EV172.18B
Cash7.82B
Current Ratio0.95
Debt/Equity0.84
Net Debt/EBITDA7.42
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Income Statement

Select a metric from the list below to chart it

Dec '85
Dec '92
Dec '99
Dec '06
Dec '13
Dec '20
Income Statement
Dec '13
Dec '14
Dec '15
Dec '16
Dec '17
Dec '18
Dec '19
Dec '20
Dec '21
TTM
Revenue
99,751.0
92,793.0
81,742.0
79,920.0
79,139.0
79,590.0
77,147.0
73,621.0
57,351.0
47,097.0
Revenue % Chg.
-4.6%
-7.0%
-11.9%
-2.2%
-1.0%
0.6%
-3.1%
-4.6%
-22.1%
-36.7%
Cost of Revenue
51,246.0
46,386.0
41,057.0
41,625.0
42,913.0
42,655.0
40,659.0
38,046.0
25,865.0
17,936.0
Cost of Revenue % Chg.
-5.5%
-9.5%
-11.5%
1.4%
3.1%
-0.6%
-4.7%
-6.4%
-32.0%
-53.5%
Gross Profit
48,505.0
46,407.0
40,685.0
38,295.0
36,226.0
36,935.0
36,488.0
35,575.0
31,486.0
29,161.0
Gross Profit % Chg.
-3.6%
-4.3%
-12.3%
-5.9%
-5.4%
2.0%
-1.2%
-2.5%
-11.5%
-18.8%
Gross Profit Margin
48.6%
50.0%
49.8%
47.9%
45.8%
46.4%
47.3%
48.3%
54.9%
61.9%
Gross Profit Margin % Chg.
1.0%
2.8%
-0.5%
-3.7%
-4.5%
1.4%
1.9%
2.2%
13.6%
28.4%
R&D Expenses
6,226.0
5,437.0
5,247.0
5,751.0
5,787.0
5,379.0
5,989.0
6,333.0
6,488.0
6,544.0
R&D Expenses % Chg.
-1.2%
-12.7%
-3.5%
9.6%
0.6%
-7.1%
11.3%
5.7%
2.4%
0.4%
Selling, General, & Admin Expenses
22,975.0
22,472.0
19,894.0
20,479.0
19,555.0
18,863.0
19,754.0
21,850.0
17,699.0
16,086.0
Selling, General, & Admin Expenses % Chg.
-0.9%
-2.2%
-11.5%
2.9%
-4.5%
-3.5%
4.7%
10.6%
-19.0%
-25.0%
Other Expenses
-452.0
-368.0
-378.0
-1,128.0
-970.0
-591.0
114.0
497.0
467.0
560.0
Other Expenses % Chg.
39.4%
18.6%
2.7%
198.4%
14.0%
39.1%
-
336.0%
-6.0%
23.3%
Operating Income
19,756.0
18,866.0
15,921.0
13,192.0
11,855.0
13,285.0
10,631.0
6,895.0
6,832.0
5,972.0
Operating Income % Chg.
-8.4%
-4.5%
-15.6%
-17.1%
-10.1%
12.1%
-20.0%
-35.1%
-0.9%
-20.2%
Operating Income Margin
19.8%
20.3%
19.5%
16.5%
15.0%
16.7%
13.8%
9.4%
11.9%
12.7%
Operating Income Margin % Chg.
-4.0%
2.7%
-4.2%
-15.3%
-9.2%
11.4%
-17.4%
-32.0%
27.2%
26.1%
Total Other Income/Expenses Net
-232.0
1,120.0
24.0
-862.0
-455.0
-1,943.0
-465.0
-2,258.0
-1,995.0
-7,067.0
Total Other Income/Expenses Net % Chg.
-
-
-97.9%
-
47.2%
327.0%
76.1%
385.6%
11.6%
191.9%
Income Before Tax
19,524.0
19,986.0
15,945.0
12,330.0
11,400.0
11,342.0
10,166.0
4,637.0
4,837.0
-1,095.0
Income Before Tax % Chg.
-10.9%
2.4%
-20.2%
-22.7%
-7.5%
-0.5%
-10.4%
-54.4%
4.3%
-
Income Before Tax Margin
19.6%
21.5%
19.5%
15.4%
14.4%
14.3%
13.2%
6.3%
8.4%
-2.3%
Income Before Tax Margin % Chg.
-6.6%
10.0%
-9.4%
-20.9%
-6.6%
-1.1%
-7.5%
-52.2%
33.9%
-
Income Tax Expense
3,041.0
4,234.0
2,581.0
449.0
5,642.0
2,619.0
731.0
-864.0
124.0
-1,310.0
Income Tax Expense % Chg.
-42.6%
39.2%
-39.0%
-82.6%
1156.6%
-53.6%
-72.1%
-
-
-
Net Income
16,483.0
12,022.0
13,190.0
11,872.0
5,753.0
8,728.0
9,431.0
5,590.0
5,742.0
1,261.0
Net Income % Chg.
-0.7%
-27.1%
9.7%
-10.0%
-51.5%
51.7%
8.1%
-40.7%
2.7%
-73.5%
Net Income Margin
16.5%
13.0%
16.1%
14.9%
7.3%
11.0%
12.2%
7.6%
10.0%
2.7%
Net Income Margin % Chg.
4.0%
-21.6%
24.5%
-7.9%
-51.1%
50.9%
11.5%
-37.9%
31.9%
-58.2%
Weighted Avg. Shares Out
1,094.5
1,004.3
978.7
955.4
932.8
912.0
887.2
890.3
896.0
900.8
Weighted Avg. Shares Out % Chg.
-4.2%
-8.2%
-2.5%
-2.4%
-2.4%
-2.2%
-2.7%
0.3%
0.6%
0.7%
EPS
15.1
12.0
13.5
12.4
6.2
9.6
10.6
6.3
6.4
1.4
EPS % Chg.
3.6%
-20.5%
12.6%
-7.8%
-50.4%
55.1%
11.1%
-40.9%
2.1%
-73.4%
Weighted Avg. Shares Out Dil
1,103.0
1,010.0
982.7
958.7
937.4
916.3
892.8
896.6
904.6
907.7
Weighted Avg. Shares Out Dil % Chg.
-4.5%
-8.4%
-2.7%
-2.4%
-2.2%
-2.3%
-2.6%
0.4%
0.9%
0.5%
EPS Diluted
14.9
11.9
13.4
12.4
6.1
9.5
10.6
6.2
6.4
1.4
EPS Diluted % Chg.
4.0%
-20.3%
12.8%
-7.7%
-50.4%
55.0%
10.9%
-41.0%
1.9%
-74.1%
Interest Income
74.0
90.0
72.0
108.0
144.0
264.0
349.0
105.0
52.0
111.0
Interest Income % Chg.
-32.1%
21.6%
-20.0%
50.0%
33.3%
83.3%
32.2%
-69.9%
-50.5%
105.6%
Interest Expense
402.0
484.0
468.0
630.0
615.0
723.0
1,344.0
1,288.0
1,155.0
1,206.0
Interest Expense % Chg.
-12.4%
20.4%
-3.3%
34.6%
-2.4%
17.6%
85.9%
-4.2%
-10.3%
3.2%
EBIT
19,196.0
19,592.0
15,549.0
11,808.0
10,929.0
10,883.0
9,171.0
3,454.0
3,734.0
-2,190.0
EBIT % Chg.
-10.9%
2.1%
-20.6%
-24.1%
-7.4%
-0.4%
-15.7%
-62.3%
8.1%
-
EBIT Margin
19.2%
21.1%
19.0%
14.8%
13.8%
13.7%
11.9%
4.7%
6.5%
-4.6%
EBIT Margin % Chg.
-6.7%
9.7%
-9.9%
-22.3%
-6.5%
-1.0%
-13.1%
-60.5%
38.8%
-
Depreciation & Amortization
4,678.0
4,492.0
3,855.0
4,381.0
4,541.0
4,480.0
6,059.0
6,695.0
6,417.0
5,046.0
Depreciation & Amortization % Chg.
0.0%
-4.0%
-14.2%
13.6%
3.7%
-1.3%
35.2%
10.5%
-4.2%
-25.1%
EBITDA
23,874.0
24,084.0
19,404.0
16,189.0
15,470.0
15,363.0
15,230.0
10,149.0
10,151.0
2,856.0
EBITDA % Chg.
-9.0%
0.9%
-19.4%
-16.6%
-4.4%
-0.7%
-0.9%
-33.4%
0.0%
-73.3%
EBITDA Margin
23.9%
26.0%
23.7%
20.3%
19.5%
19.3%
19.7%
13.8%
17.7%
6.1%
EBITDA Margin % Chg.
-4.6%
8.4%
-8.5%
-14.7%
-3.5%
-1.3%
2.3%
-30.2%
28.4%
-57.7%